Adjusters Beware!

Officials in New Jersey are paying careful attention to public adjusters – and other contractors – who are doing business in the Garden State to capitalize on the aftermath of Superstorm Sandy.

In fact three adjuster firms, all based in South Florida, have already been fined for various violations.  Two were cited for operating without a license while a third didn’t comply with state regulations.

New Jersey officials remembered the issues that followed Hurricane Wilma and are taking a proactive approach.

Adjusters are appropriately under scrutiny.  Find out more here.

Common Myths About Renters Insurance

One of the most common misconceptions about renters insurance is it only covers an individual’s personal belongings. This is not true.

One example from Emily Lyons, a Liberty Mutual property insurance expert, is “if your bathtub overflows and water seeps into the apartment below, damaging your neighbor’s furniture or rug, your renter’s policy will cover the damage up to your liability limits.”

Choosing a renters insurance policy is different for each individual. According to Sienna Kossman of U.S. News Money, “In general, there are two important areas to understand when choosing a renters insurance policy: what the policy covers and whether that coverage is actual cash value or the total replace cost.”

To read the 4 most common myths about renters insurance and more information regarding how to choose a renters insurance policy continue reading here.

Emergency Preparedness is Key and Not Just for Hurricanes

Florida Association of Public Insurance Adjusters (FAPIA), in partnership with FEMA, is urging commercial and residential property owners to mark National Preparedness Month in September by planning for emergencies both big and small.

September is National Preparedness Month and it is a good time for Floridians to evaluate their storm plans to include a full understanding of their property insurance policies and their obligations in the event of damage.

FAPIA is urging policyholders to prepare now by taking a few but very important steps. One of the vital steps is to carefully review your insurance coverage to determine your deductible on any potential loss.

To read the complete list of steps and more about National Preparedness Month click here.